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what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are, agreeing to what is effectively, a tax increase. and i think that both sides are going to have to give a little bit of something. and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now. but don't forget, you've got a big problem
what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are, agreeing to what is effectively, a tax increase. and i think that both sides are going to have to give a little bit of something. and that 37% may...
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Dec 9, 2012
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would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory and i actually think it has merit where you go ahead and give the president the 2% increase, that he is talking about, rate increase on the top 2% and all of a sudden the shift goes back to entitlements, and all of a sudden once you give him the right on the top 2%, it is actually much lesser tax increase than what he has been talking about, the focus then shifts to entitlements and maybe it puts us in a place where we actually can do something that really saves the nation, so, there is a growing body, i actually am beginning to believe that is the best rout
would you accept returning to the clinton rate of 39.6%? or, would you accept something, perhaps, a mid point, 37% or starting with people who make $500,000, rather than 250? >> well, chris, there is a growing group of folks, that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. i mean, we have one house, that is it. the presidency and the senate, is in the democrats' hands, and a lot of people are putting forth a theory...
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that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, taken a lot of heat. i thiik that she probably might want to just enjoy her life. >> for four years and then run. >> i took the 42nd street exit ramp and there was a huge pot hole. the first name that came to mind was not made clinton should fix this. of the shoe want to deal with all the municipal issues. melissa: moving on to something that i would love to happen. in eighth grade girls petitioning has brought to market easy bake ovens for boys. her petition has more than 24,000 signatures. she says her four year-old brother likes to cook. all the kids do. a packaging and promotions make it seem like cooking is only for girls. she wants her brother to know that is not wrong for him to want to be a chef. they're missing out.ainer. >> it's a great idea. absolutely. that's all i love habakkuk. that's why i'm happily married. but the reality is, gordon ra
that is her husband, bill clinton. and i am on the side that says i don't even think she wants to do much cells after secretary of state. she has been around for awhile, taken a lot of heat. i thiik that she probably might want to just enjoy her life. >> for four years and then run. >> i took the 42nd street exit ramp and there was a huge pot hole. the first name that came to mind was not made clinton should fix this. of the shoe want to deal with all the municipal issues. melissa:...
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Dec 7, 2012
12/12
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. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans simply echoing the white house are going to have to buckle on the issue of the top rates. >> the only obstacle standing in the way of middle income tax relief are the republicans unwillingness to ask the top 2% to pay their fair share. >> but tyler, as you suggested, this is all a work in progress. the thing we cannot see that is not visible to the public or to the press is what's going on behind the scenes. staff discussions resumed yesterday. don't know how fruitful. i haven't gotten much of a signal from people on either side that a deal is close, but they're work rg at it and sometimes these situations can tur
. >> four days ago we offered a serious proposal based on testimony of president clinton's former chief of staff. since then there's been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff. >> reporter: not surprisingly, democratic house leader nancy pelosi had precisely the opposite explanation for what is behind this stalemate. she says republicans...
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Dec 4, 2012
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we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you could raise -- at 4% a year over the next ten year, twice as much as you could from allowing the bush tax rates to lapse. why the income tax system is overburdened in the united states. we use it too much. we should be looking at other taxes. we can't do it in 29 days. why are we doing it in 29 days? >> but the president ran on raises taxes, right? if you look at the polls. 60% of people support raising taxes on people who make over $250,000 a year. how much of a problem is it, david, if the republicans you know, tom coburn said he does not want to raise that tax number. >> the pr
we need to go back to the clinton era rates for the most well off americans. it's not going to kill us. the line between freedom and tyranny is not the 35 we pay now and the 39 that the rich will pay as we did when america was a communist paradise. it's just silly now. you've got to be for a tax rate increase or we will go over this fiscal cliff. >> no, you don't. you could raise from a carbon tax of $20 a ton, which will deal with, we are having the biggest record carbon levels. you...
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the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red line, if it you ask if he will accept anything else, he doesn't really answer. >> tax rates. are you -- is there no deal at the end of the year if tax rates for the top 2% aren't the clinton tax rates, period. no ifs, ands or buts on that specific aspect of the fiscal cliff. >> with respect to the tax rates, i want to emphasize, i am open to new ideas. i'm not going to slam the door in their face. i want to hear -- i want to hear ideas from everybody. >> that's not a no. here is the treasury secretary timothy geithner. >> there's no agreement that doesn't in
the same rate we had when bill clinton was president. we have to ask you and me and the wealthiest among us to go back to the clinton rates for income above $250,000. >> the clinton tax rates, we need to go back. that's not a generic policy idea. that's really specific. the clinton tax rate for high income earners was 39.6%. that's what president obama was calling for during the campaign. that's still what president obama is calling for now. but now when you ask him if that's the red...
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i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much more than mitt romney. we didn't blow it because of mitt romney. we blew it because of a party which has refused to engage the reality of american life and refused to take -- to think through what the average american needs for a better future. >> but recall what you said about 1964. in december 1964, lyndon johnson was re-elected. goldwater was finished. it was the end of the republican party. and at the end, the republicans nominated a man named richard nixon. and he became president. unthinkable. >> so you can have a tcampaign between hillary clinton and jeb bush, representing 36 years of bushes on n
i mean, if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much...
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Dec 5, 2012
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president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that created surpluses in the latter half of the clinton presidency. it's a more complicated picture. definitely there are folks who want tax increases but let's not gloss over president obama is talking about way higher taxes than we saw during the clinton era on the high earners. >> that's true. all right. want to talk about a party going on tonight. james, pretty good. there is a party going on, jack kemp foundation is having a party and marco rubio is speaking. paul ryan is speaking. they both want to have complete makeovers. you know -- marco rubio doesn't want to
president obama often talks about returning to clinton era tax rates. he wants to raise much more revenue from high earners than the clinton era tax code would have raised. and president clinton also dramatically lowered capital gains taxes, and that generally benefited high-earners. so a lot of folks believe that's something that balanced out against the increases on ordinary income. so, you know, that's something that arguably contributed to that surge in technology stocks and much else that...
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Dec 6, 2012
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most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl cammeron live for us in our d.c. newsroom. they even showed up at the same event. >> they're actually about 16 republicans. maybe just at least that number who are actually looking for a white house run. a couple have already hired advisors and actually specialize in presidential politics. paul ryan has a lot of juice as the 2012 presidential. and marco rubio gave more than 70 speeches for romney over the last campaign year. last year both openly joked together about hitting the trail early in 2016, livin'. >> i will see you at the reunion. table for two. good diners in new hampshire
most americans say they would support hillary clinton for president in 2016. that's according to a new poll. and some of her potential republic rivals are also looking ahead at the next white house showdown. the poll from the abc and "the washington post" shows 57% of americans would back secretary clinton, 37% say they would oppose her. of course for now she says she has no plans to run again. a' couple of the top republic contenders are already talking about 2016. campaign carl...
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the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i don't think you get -- could get rates through unless the president gave a little bit. and if you look at the document from the grand bargain back in july of 2011, the president was willing to give on that. so we'll have to see if they can get back to that. but again, has to be one significant item that they know they'll be able to build upon in the future. an item from both sides. >> neither side's going to be thrilled. but they've got to compromise. >> that's the way life usually works, doesn't it? >> certainly does. thank you. >>> meanwhile, huge announcement today on capitol hill. the con
the president's been very careful not to say we have to go up to the clinton-era 39.6%. he hasn't used that number. and so he's -- you know -- >> right now it's 35%. >> right now it's 35%. so if you look in the middle, okay, 37% is a real possibility. but here's the caveat. john boehner, the house speaker, cannot take a rate increase to his caucus unless it is accompanied by some signal of real entitlement cuts. something that they do now and give a down payment on for the future. i...
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clinton levels of spending. when you take that into account it doesn't actually end up closing yo gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because they don't want to acknowledge it exists. >> th not it. >> my point being i don't want to only talk about simplifying when we're not actually closing the gap. i don't want to only talk about the fiscal cliff when nothing we're doing is coming close to deal with these issues. melissa: we talk about how hard it is to simplify the tax code. our guest before you guys said the same thing. it could be really simple. we could put out three rates for people with absolutely no deductions exceptions. if you're in this group you pay 35% or whatever. make up your number. >> right. melissa: if you're in this group pay 30, and this g
clinton levels of spending. when you take that into account it doesn't actually end up closing yo gap when it comes to something which some other clinton alumni pointed out this week is a $86 trillion in unfunded liabilities for entitlements. >> that number is essentially fake. >> a lot of times when we're discussing this stuff, it is fake because government refuses to put it on the books because they don't want to acknowledge it exists. >> th not it. >> my point being i...
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. >> foremost is who will replace hillary clinton as secretary of state? the white house signaled that un ambassador susan rice will be the choice . this week, the president voiced ut most confidence in her. >> susan rice is extraordinary . couldn't be prouder of a job done. >> also this week another republican senator expressed major doubts about rice not only about the bengazi terrorist attack but because of the africa section during the terrorist attack in the embassy in kenya when they pled for better security. susan collins teled the message to the administration about the secretary of state opening. >> i think john kerry would be an excellent appointment and easily confirmed by the colleagues. >> there are other key cabinet picks. secretary of the defense will have to contend with a destabilized middle east and rising threats from asia when big defense cuts are anticipated. former republican chuck ha gel of nebraska and ashton carter and michelle florinoid . act being director michael more accident orell . homeland security advisor michael vickers an
. >> foremost is who will replace hillary clinton as secretary of state? the white house signaled that un ambassador susan rice will be the choice . this week, the president voiced ut most confidence in her. >> susan rice is extraordinary . couldn't be prouder of a job done. >> also this week another republican senator expressed major doubts about rice not only about the bengazi terrorist attack but because of the africa section during the terrorist attack in the embassy in...
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we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that has the rates go back up at the end of the year. >> 39.6%? >> and the reason eye why -- >> i understand the reason why. >> if you don't do that, you have to ask yourself where, whose taxes are you going to raise? where are you going to fine the money to bring a balanced plan in place that reduces our long-term deficit? >> how does that go for the economy if we go over the cliff? >> the american economy? >> yes. >> it would be very damaging. there's no reason it should happen. the only reason it would happen is if a group of members of congress decide they a
we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that...
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ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this? that is left in here and even encouraged because it implies some banks will be bailed out. >> right. when you say the bank is systemic you say it is an institution to big and important and critical to allow to be left 57 they have labeled them systemic. it shows what happens and white increases the risk. the big banks can borrow money more cheaply because they think the government will bail them out. >> creditors know they will not be bailed out if they fail so they give them money at it cheaper rate. >> jpmorgan chase pays $4 interest but the small bank pays $70 $0.50.
ronald reagan and throughout the clinton era. john: george w. bush hired 86,000 more regulators. >> banking is one of the most regulated industries if not the most. the problem was not deregulation but we had a crisis caused by a massive industry in real-estate due to policies to seven everybody encouraged to take out a mortgage. there will intended. they crafted the bill. logic says this will protect us? >> dodd/frank does not end the bailout are too big to fail. john: all this?...
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hillary clinton saying today the future of syria cannot possibly include assad. in the netherlands sending patriot missiles to turkey aimed at protecting the neo member against possible syrian attack. maximum of 360 personnel will accompany two surface-to-air missile batteries. those are your headlines in the fox business network. get you back to dennis kneale. dennis: thank you. fiscal cliff survival kit, looking for a safe investment, muni bonds may be the way to go. so says the chief executive officer of front stone capital management who joins us from chicago. thanks for being with us. you like these munis even though you're the we ritter 5 there would be all kinds of defaults across the landscape. >> this is one of my favorite topics because we at bob brooks stone capital management have been very bullish in the 2008 crisis. it produced some stellar total return for our clients that include the interest on a tax rebate and appreciation. dennis: would you prefer that i as your client buy an entire bond or maybe ought to buy a basket in an e t f or something.
hillary clinton saying today the future of syria cannot possibly include assad. in the netherlands sending patriot missiles to turkey aimed at protecting the neo member against possible syrian attack. maximum of 360 personnel will accompany two surface-to-air missile batteries. those are your headlines in the fox business network. get you back to dennis kneale. dennis: thank you. fiscal cliff survival kit, looking for a safe investment, muni bonds may be the way to go. so says the chief...
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secretary of state hillary clinton meets russian diplomates and syria, chemical weapons, they will be discussed. and now to egypt. five people dead after huge protests in the streets of cairo and hurled rocks, fire bombs to protest morsi's seizure of near unrestricted powers and rush-through adoption of the quickly drafted constitution by the muslim brotherhood. five dead. just last night. four more of morsi's advisors have resigned. they blamed him for the violence. s very interesting. to nicole, safeway, is this the latest company to issue an early dividend, is that right? >> another day, another huge company beating up the dividend payout to beat the fiscal cliff and the higher tax rates on dividends, so, join safeway to over 170 companies, that's the latest number we've got from the wall street journal, but i bet you it's even higher than that, so they join wal-mart and weight watchers and ethan allen just to name a few. >> i should be keeping track, it was 173 a couple of days ago, i've got to believe it's pushing 200 by now. i'll he get a number. >> yeah. imus: thank you very mu
secretary of state hillary clinton meets russian diplomates and syria, chemical weapons, they will be discussed. and now to egypt. five people dead after huge protests in the streets of cairo and hurled rocks, fire bombs to protest morsi's seizure of near unrestricted powers and rush-through adoption of the quickly drafted constitution by the muslim brotherhood. five dead. just last night. four more of morsi's advisors have resigned. they blamed him for the violence. s very interesting. to...
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even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican congressman james lankford of oklahoma, incoming chairman of the republican policy committee, the fifth ranking position in the house gop leadership. appreciate you're taking the time. what about this idea of racinin taxes on everyone? the math works much better. >> i heard your lead in when you said this is a new idea. actually, it's not a new idea, there are several democrats who have floated that for a while. the code word is we want to go back to the clinton tax rates and talk about the clinton economy that we had a much more vigorous econo
even bill clinton agrees. here's what he said at a conference i saw him at back in may. >> i think you could tax me at 100% and you wouldn't balance the budget. we're all going to have to contribute to this and if middle class people's wages were going up again and we had some growth in the economy, i don't think they would object to going back to the tax rates. >> with no breakthrough today, fiscal cliff negotiations, could this be a starting pot? "outfront" republican...
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ben's father is an old friend of the clintons. over the years, he has donated thousands of dollars to theirs and other democratic political campaigns and over time, the families became close friends. >> ben, a beautiful man, with a beautiful life. some people live four times as long and don't do as much good or bring as much joy. >> why did you decide to call me? >> i called you in desperation. i wanted to know what to do. i just knew that somebody needed to do something, but that's why i called you. i thought you, a, i knew you'd care about it. b, i thought you'd know something about it. >> i could tell in your voice that you were pretty broken up. what kind of kid was he? >> a light shined out of him. that's all i can tell you. he grew up, he was big, strong, handsome, smart. and wanted to make something of his life. he was industrious, but normal and liked to have a good time. i promise you that night he had no idea he was turning out the lights. none. and if it's true of him, it's got to be true of a lot of other people. >> as
ben's father is an old friend of the clintons. over the years, he has donated thousands of dollars to theirs and other democratic political campaigns and over time, the families became close friends. >> ben, a beautiful man, with a beautiful life. some people live four times as long and don't do as much good or bring as much joy. >> why did you decide to call me? >> i called you in desperation. i wanted to know what to do. i just knew that somebody needed to do something, but...
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Dec 3, 2012
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bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, ads governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's man made, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that, you know, weather and certain elements are controlled maybe by different thi
bill clinton along others says said if there's a movie made by hillary clinton meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disantibiotics, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr....
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i imagine both secretary clinton and mr. brahimi would be lean on the russians to convince assad to leave power. he's finished in syria. there's no way he's going to emerge victorious. the only options for him are to lose and lose his life, most probability, or leave syria but certainly this civil war now more than 40,000 people dead, and with the latest problem with chemical weapons, the civil war has to be brought to an end. >> now, ambassador, both president obama and secretary of state clinton warned chemical weapons are the red line on syria. i also want to play something that defense secretary leon panetta had to say in reaction to the reports about the preparation of chemical weapons. let play that and talk about what diplomatic options are left. >> the president of the united states made very clear that there will be consequences. there will be conconsequences if the assad regime makes a terrible mistake by using these chemical weapons on their own people. i'm not going to speculate or comment on what those potential
i imagine both secretary clinton and mr. brahimi would be lean on the russians to convince assad to leave power. he's finished in syria. there's no way he's going to emerge victorious. the only options for him are to lose and lose his life, most probability, or leave syria but certainly this civil war now more than 40,000 people dead, and with the latest problem with chemical weapons, the civil war has to be brought to an end. >> now, ambassador, both president obama and secretary of...
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does it go up to 39.6%, where it was during the clinton administration, 37%. boehner says you know what, you can raise tax revenues by eliminating or capping loopholes or deductions. do it like that. the president awhile ago, about a year and a half ago said this. >> what we said was give us 1.2 trillion in additional revenues, which could be accomplished without hiking taxes, tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging in a tax reform process that could have lowered rates generally while broadening the base. >> that was july, 2011. so what has changed? he says then -- seems to be where boehner is now. raise tax revenue capping deductions, limiting loopholes, not raising tax rates. >> if you listen to the president's entire statement he said as part of a larger tax reform proposal. the fact is you can't get the revenues that are necessary simply by eliminating deductions, unless you want to whack the middle class, and that's not something we can afford to do now. let's also make the point, wol
does it go up to 39.6%, where it was during the clinton administration, 37%. boehner says you know what, you can raise tax revenues by eliminating or capping loopholes or deductions. do it like that. the president awhile ago, about a year and a half ago said this. >> what we said was give us 1.2 trillion in additional revenues, which could be accomplished without hiking taxes, tax rates, but could simply be accomplished by eliminating loopholes, eliminating some deductions, and engaging...
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plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." uff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's the cold truth! [ male announcer ] alka-seltzer plus. ♪ oh what a relief it is! ♪ [ male announcer ] to learn more about the cold truth and save $1 visit alka-seltzer on facebook. [ ding! ] losing your chex mix too easily? time to deploy the boring-potato chip decoy bag. then no one will want to steal the deliciousness. [ male announcer ] with a variety of tastes and textures, only chex mix is a bag of interesting. [ male announcer ] with a variety of tastes and textures, why they have a raise your rate cd. tonight our guest, thom
plus, hillary clinton in 2016. some stunning numbers about the ground work and john mcafee on the run as his neighbor is found murdered. our martin savidge went on the hunt, tracked him down. he's "outfront." uff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus has a fast acting decongestant to relieve your stuffy nose. [ sighs ] thanks! [ male announcer ] you're welcome. that's...
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. >> ford is yr we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that saker boehner is on the right track. the president has not come uptown now, been deeply involved, that we know about , in any of these offers are counteroffers. campaigning to meet.been but he has to get involved if he wants to avoid the fiscal cliff. i think that the speaker has indicated that h will try to engage in, try to meet him and try to avoid the fiscal cleft that the presiient is going to continue to say it is my way or the highway, thats another game. gerri: it is. harry reid today saying that the game isat chess game, and the republicans are the jets. here is harry reid. >> he has a problem. he has three quarterbacks. he cannot dec
. >> ford is yr we offered a serious proposal based on testimony of friends that clinton's former chief of staff. since then there has been no counteroffer from the white house. instead, reports indicate that the president has adopted a deliberate strategy to a slow walk our economy right to the edge of the fiscal cliff. gerri: earlier i asked republican senator richard shelby of alabama for his take on the comments from boehner. >> i believe that saker boehner is on the right...
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Dec 4, 2012
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buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to begin to correct some of what you just said, but let me at least start with ronald ra reagan. >> tell me where i'm wrong. >> you're certainly wrong that he didn't campaign to cut 98% of the american people's taxes with the upper 2% paying. he won the election based on that explicit proposal. >> and the house from their election -- the house won their election to stop him. the house also won, lanny. >> 535 congressional districts, most of which have little opposition, exain capture be cao voting for president. >> they did not vote to give him a rubber stamp
buick as well as former clinton special counsel davis. the president campaigns on $800 billion in new taxes. he now wants 1.6 trillion. he wants twice the amount, lanny. he wants a blank check and congress to give up its authority as it relates to money and say no, no, let me raise the debt ceiling any time i want. he wants 150 billion in new stimulus but no entitlement cuts at all, no spending cuts at all. now that sounds to me like somebody that's not serious. >> i don't know where to...
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sure the clinton tax cuts are back in place for all people, not just the rich. but just imposing tax on the rich, you will have to concede, is part of his class warfare scheme and his desire to get even with the successful people. it's contrary to the american dream. it will not do anything to address our revenue issue and our debt issue. david, how can you support this? >> david, just a moment. you and sean both agree, and i want to join you in this, we need to do something about spending in this country, it's out of control. we need to limb the size of government. if you truly believe these things, then you say it's not just about imposing damage on the middle class, the poor who rely on social safety net programs. you have to say the rich have to have some skin in the game. >> hang on one second. >> and they do, they do. >> hang on, hang on. >> and it in terms of tax rates in this country. >> hold on. one sec. i want to ask juan a question. why won't the president negotiate all of this at the same time in because the president is saying give me what i want an
sure the clinton tax cuts are back in place for all people, not just the rich. but just imposing tax on the rich, you will have to concede, is part of his class warfare scheme and his desire to get even with the successful people. it's contrary to the american dream. it will not do anything to address our revenue issue and our debt issue. david, how can you support this? >> david, just a moment. you and sean both agree, and i want to join you in this, we need to do something about...
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the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of what i did and what my colleagues did over the last several months and we need congressional hearings that will set the stage for tax reforms, social security reform and the president needs to negotiate privately and have discussions with congressional leaders of both parties privately. those three things can get us to the promt promise land. and without all three of those, we're in trouble. >> but, david, that is exactly what was supposed to happen between july of 2011 and today. and guess what? none of it has happened. none of it. we're having the same conversation. >> you know what? >> only the president c
the president needs to take a page out of president bill clinton -- >> he's in philadelphia with the middle class behind him and nodding and saying, i've got a pen, i've got a pen. i've still got a pen, i've still got a pen. >> president obama owes president clinton a great deal for helping him get elected. number one, we need a meaningful citizen education engagement effort with the white house in formada, next year to build the case for a grand bargain. the official version of...
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the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off clithe cliff is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these top tax rates, they have conceded about 75% of the tax debate to republicans by agreeing with them on all of the otherç rates. >> that is true, aalthough there is a matter of timing. you know, i think part of what you have to look at here is it's really hrepublicans who force this conversation about having deficit reduction right now. we shouldn't have deficit reduction right now. we should focus on jobs and employment and continued stimulus for the economy, which i was really happy about the president at least had some of that in his plan. then you ask y
the best way to do that is go back to clinton era taxes. i actually have mixed feelings about striking a deal where the rich folks pay more taxes. i think they should pay more taxes, but i actually think going off clithe cliff is a bet solution than just charging people who make a lot of money what they were paying when bill clinton was president. >> the clinton tax rates worked well, and when you look at where we really are today, although the democrats are playing really tough on these...
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he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have do what the repblicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of t, but but the realitys the republican party has not come up with a rejoinder, a respnse to a, if you will, a socialist redistributionist president who right now claims thefield is on because there is no other standard flying over that field. there is a spker of the house to is simply saying, this is not right. you know, we are not at the table and complaining, but not, not engaging. >> i think we have got to engage the argument. we cannot win the argument while acknowledging that an increase in tax rates would increase revenues and all. it will just today the top 1 percent are paying about 40 percent of the income tax. the top 25 percent are paying 87% of the income tax. it does not get any better than that. this is under the bush tax rates. you eliminate the tax rates and you will get less
he increased the income tax by 10%, but the huge surge in revenues under clinton came through the capital gains tax cut, not from the income-tax increase. lou: you and i have do what the repblicans, perhaps too often. we talk about the economics of it, the theory of it, if you will, the extraction of t, but but the realitys the republican party has not come up with a rejoinder, a respnse to a, if you will, a socialist redistributionist president who right now claims thefield is on because there...
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hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of th
hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your...
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>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3% negative growth for two quarters and we'll go back with a slightly less than 2% growth rate for the entire. we're not going to get out of this without pain. anybody when thinks we'll get through the deficit problem without having to do some sacrificing is wrong. what this does in my view as a democrat is it distributes the burden of the pain fairly, that is, we go back to the clinton tax rates for everybody, not just for rich folks. and we had a good economy under bill clinton. we go back -- we get -- cuts in defense spending which we know is higher than it
>> it's not just the clinton tax rates. we had a pretty good economy under bill clinton. >> different spending rates, too, back then, governor. >> well, that's right. it's also cuts in defense which we haven't had in 30 years and a cut in human services, which i'd rather not do, but i think everybody needs to something on the table to get what we need to get. it's the best deal for the country. we'll have a recession. the cbo thinks and i agree with this, we'll have 1.3%...
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look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was that about right? >> yeah, i agree. i think that, you know, people, these things become folklore. the one thing that is important to remember about this issue is that, you know, we did a -- we did work this summer on polling national right to life, nra members themselves. they buck the nra on these issues. they believe in common sense control and safety and a host of issues. there becomes this concern that there's a group. my point is it's not as powerful as people think it is. it's important to make that point. the nra went into conservative states and went after democratic senators and
look at the clinton clip and the record of the clinton administration on guns in the 1990s. what happened in 2000, al gore lost the presidency. democrats freaked out because he lost the states clinton carried. kentucky, west virginia, missouri, tennessee, his home state. how many jokes did he suffer about losing his home state. he walked away saying we don't want to talk guns because we don't want to alienate them anymore. there's john kerry going goose hunting. 2000 was a turning point. was...
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clinton drastically lowered the capital gains tax and that was where most of the new revenues came. but in general, 50 nations around the world have reduced their tax rates since wealth and poverty was published. drastically reduce tax rates. most of eastern europe now has flat tax is. in all these countries, revenues have boomed. there hasn't been a big craze this is anime and estonia. this in a past and estonia with 12% flat tax. the fact is supply-side economics is booming around the world. it's only in the united states that soul-searching and from this economics of enterprise. >> what is your analysis of what is happening in what donald rumsfeld recalled old europe? >> old europe is fallen with the indulgent dilutions of the welfare state. they've all accepted dependence on a show i've government and bass have destroyed the value of their assets. when you destroy the value of your assets, ultimately the human beings who make your economy go our investments and creations of work after. when you'd appreciate this asset, reliability is become impossible. if you unleashed the asset
clinton drastically lowered the capital gains tax and that was where most of the new revenues came. but in general, 50 nations around the world have reduced their tax rates since wealth and poverty was published. drastically reduce tax rates. most of eastern europe now has flat tax is. in all these countries, revenues have boomed. there hasn't been a big craze this is anime and estonia. this in a past and estonia with 12% flat tax. the fact is supply-side economics is booming around the world....
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long tradition in arkansas, let's not forget one of the great presidents of the united states, bill clinton. we work hard down there but i can't get too specific on our prospects there yet. >> if i could return to the administration for a minute, governor. obviously, some governors are lobbying the white house on what they would like to see happen in some of the fiscal cliffs negotiations and some of the cut thass republicans and others want to make in these negotiations could impact state budgets. what do you see as your bottom line and what the cuts cannot do? -- or should not do. >> let's be clear about this, the president has this one right. we cannot balance this budget and make the changes we need to make in terms of the fiscal cliff, or or what i call the fiscal slope without ensuring that we ask the top 1% or 2% of the americans pay their fair share in income taxes. we all know that the top 1% or 2% is paying lower income taxes than any time in our history. they've had a great deal, president bush set that up for them but we as nation did better under the clinton tax policies where
long tradition in arkansas, let's not forget one of the great presidents of the united states, bill clinton. we work hard down there but i can't get too specific on our prospects there yet. >> if i could return to the administration for a minute, governor. obviously, some governors are lobbying the white house on what they would like to see happen in some of the fiscal cliffs negotiations and some of the cut thass republicans and others want to make in these negotiations could impact...
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it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what eamon said is absolutely right. this comes down to one thing, whether republicans are willing to raise marginal income tax rates on americans. they're saying they're willing to raise revenue, but president obama has one criteria in this debate and that's raising income rates on all americans. right now, the sides are in their two corners on this and nobody is moving. so we're really only a couple weeks out and there's this huge gap, and eamon was right in another aspect. there is this brush fire of conservative lawmakers who don't want to raise revenue at all. so this is a huge problem for sp
it's a simple question, as president clinton said, of arithmetic. arithmetic. you can't get from here to there unless you raise the rates. >> so guys, that's where we are as of this morning, and now what everyone's waiting for is which side will make a concrete proposal here that actually includes some concessions? back to you. >> joining us from washington, d.c., jake sherman, congressional reporter for politico. who is going to make some honest concessions first? >> what...
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clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of the democratic national committee to have effective control of the party apparatus and all the money that goes with that. lou: that's a big gift. >> well, he did a big deal for obama. lou: right. >> secondly, he wanted obama to agree that he would back hillary if she runs for president in 2016, and that was a verbal commitment he believed he had from barack obama. shortly after the election, according, again, to my sources, clinton sent obama a list of five names from which he could choose the next chairman of the democratic national convention. lou: a list from clinton to the president? >
clinton, and they told me that bill clinton and barack obama ave had a major falling out. lou: wow, afterll the campaigning? the elegant speech, really? >> because of this estrangement, i'm told, is back to the presidential election when clinton struck a deal with obama. in the deal, clinton said he'd give the nominating speech and go out and campaign for obama, but in return, he wanted a couple things from the president. first, clinton wanted to be a allowed to name the next chairman of...